by laflammaster
The Fed is still talking about whether we have a recession or not.
Meanwhile:
1. Interest rates higher than 2008
2. Bond markets trading it’s 2008
3. GDP fell for 2 quarters
4. Housing market crash began
5. Stocks off to 4th worst year ever
The Fed destroyed the economy.
— The Kobeissi Letter (@KobeissiLetter) September 27, 2022
Everything is fine …… 🔥 🔥 🔥 pic.twitter.com/yPTD7452Qu
— Wall Street Silver (@WallStreetSilv) September 26, 2022
US leading indicators has been great at predicting recessions in the last. This is the third negative print we’ve had so far 👇 pic.twitter.com/XN0TVxUfaE
— Gianluca (@MenthorQpro) September 27, 2022
US lumber prices are falling as the housing market comes under pressure.
Today's issue of The Daily Shot Brief: t.co/CmGNQe2nQy pic.twitter.com/rEu7jnRv0j
— Lev Borodovsky (@thedailyshot) September 26, 2022
🇺🇸 US manufacturing sentiment vs the 30y mortgage rate
Pipelines, markets, economies, everything is getting blown up up these days, almost as if Trump had a point when he said "they are not sending their best". 🙃t.co/1AcyRs2lMz pic.twitter.com/psZo7MaYWm
— Martin Enlund 🦆🚁 (@enlundm) September 27, 2022
BULLARD: THERE IS RECESSION RISK
— *Walter Bloomberg (@DeItaone) September 27, 2022